Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
CommScope Holding Company Inc (NASDAQ: COMM) closed the day trading at $4.81 down -13.02% from the previous closing price of $5.53. In other words, the price has decreased by -$13.02 from its previous closing price. On the day, 8.13 million shares were traded. COMM stock price reached its highest trading level at $5.18 during the session, while it also had its lowest trading level at $4.61.
Ratios:
For a better understanding of COMM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.40.
Morgan Stanley Downgraded its Equal-Weight to Underweight on December 17, 2024, while the target price for the stock was maintained at $5.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 27 ’24 when Lorentzen Kyle David bought 11,600 shares for $1.25 per share. The transaction valued at 14,500 led to the insider holds 712,475 shares of the business.
KRAUSE L WILLIAM bought 92,127 shares of COMM for $147,154 on Mar 13 ’24. The Director now owns 320,000 shares after completing the transaction at $1.60 per share. On Mar 12 ’24, another insider, KRAUSE L WILLIAM, who serves as the Director of the company, bought 57,300 shares for $1.59 each. As a result, the insider paid 90,952 and bolstered with 227,873 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COMM now has a Market Capitalization of 1044198016 and an Enterprise Value of 11443309568. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22. Its current Enterprise Value per Revenue stands at 2.208 whereas that against EBITDA is 12.372.
Stock Price History:
The Beta on a monthly basis for COMM is 1.92, which has changed by 1.2571428 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, COMM has reached a high of $7.19, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is -7.63%, while the 200-Day Moving Average is calculated to be 31.94%.
Shares Statistics:
Over the past 3-months, COMM traded about 4.43M shares per day on average, while over the past 10 days, COMM traded about 3996910 shares per day. A total of 215.86M shares are outstanding, with a floating share count of 208.22M. Insiders hold about 3.55% of the company’s shares, while institutions hold 79.46% stake in the company. Shares short for COMM as of 1735603200 were 9536567 with a Short Ratio of 2.15, compared to 1732838400 on 8471477. Therefore, it implies a Short% of Shares Outstanding of 9536567 and a Short% of Float of 5.3400002.
